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Pricing

2022
Flag → Flag
Exports $3.87BRnk 9 / 219
2022
Flag → Flag
Top Product $2.63BGold
2022
Flag → Flag
Exports $2.02BRnk 8 / 156
2022
Flag → Flag
Top Product $1.68BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
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Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

United Arab Emirates-Kuwait Trade: In 2022, United Arab Emirates exported $3.87B to Kuwait. The main products that United Arab Emirates exported to Kuwait were Gold ($2.63B), Jewellery ($2.43B), and Air Conditioners ($703M). Over the past 5 years the exports of United Arab Emirates to Kuwait have increased at an annualized rate of 82.5%, from $191M in 2017 to $3.87B in 2022.

In 2022, United Arab Emirates did not export any services to Kuwait.

Kuwait-United Arab Emirates Trade: In 2022, Kuwait exported $2.02B to United Arab Emirates. The main products that Kuwait exported to United Arab Emirates were Refined Petroleum ($1.68B), Cars ($427M), and Delivery Trucks ($147M). Over the past 5 years the exports of Kuwait to United Arab Emirates have increased at an annualized rate of 105%,  from $56M in 2017 to $2.02B in 2022.

In 2022, Kuwait did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $3.87B to Kuwait. The main products exported from United Arab Emirates to Kuwait were Gold ($2.63B), Jewellery ($2.43B), and Air Conditioners ($703M). During the last 5 years the exports of United Arab Emirates to Kuwait have increased at an annualized rate of 82.5%, from $191M in 2017 to $3.87B in 2022.

In 2017, Kuwait exported $2.02B to United Arab Emirates. The main products exported from Kuwait to United Arab Emirates were Refined Petroleum ($1.68B), Cars ($427M), and Delivery Trucks ($147M). During the last 17 years the exports of Kuwait to United Arab Emirates have increased at an annualized rate of 105%, from $56M in 2000 to $2.02B in 2017.

Exports from United Arab Emirates (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Kuwait (Flag)

United Arab Emirates Exports

Kuwait Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Kuwait
Top DestinationChina$24.3B

This map shows whether countries import more from United Arab Emirates or Kuwait. Each country is colored based on the difference in imports they receive from United Arab Emirates and Kuwait or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Kuwait included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Kuwait than United Arab Emirates included Vietnam ($5.7B), Chinese Taipei ($7.34B), and Iceland ($111M).

Difference in imports from Kuwait (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Kuwait

Flow
Scale

This chart compares trade between United Arab Emirates and Kuwait by product, considering products traded by both, United Arab Emirates and Kuwait.

During 2022, United Arab Emirates had a large net trade with Kuwait in the exports of Precious Metals ($5.07B), Machines ($1.71B), and Metals ($1.6B).

During 2017, Kuwait had a large net trade with United Arab Emirates in the exports of Mineral Products ($1.75B), Transportation ($705M), and Machines ($287M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Kuwait+$32.3MCars
Top Product Potential Kuwait United Arab Emirates+$14.7MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Kuwait. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Kuwait (Flag) (2022)

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